Halliburton acquires global license for Thermatek technology
Posted: 23 December 2003
Conformance technology designed to help extend the economic
life of aging reservoirs
Halliburton Energy Services, a business unit of Halliburton, has
acquired the global license for the provision of Thermatek technology.
"Operators who are challenged on a daily basis with maximizing
revenue from an asset while minimizing costs are finding Thermatek
technology very beneficial," said John Warren, Halliburton's
commercialization manager for Conformance.
Thermatek technology has been used effectively in the North Sea
and Middle East by multiple operators to provide cost-effective
control of unwanted water and gas production. The service to operators
in the North Sea and Middle East, specifically the United Kingdom
and Oman, will continue with no interruption. Thermatek service
will become available in other regions, including North America,
through a staged rollout of a global supply and support system.
Water influx into producing wells is frequently a major and expensive
headache for oil and gas producers. In many cases, it can render
a well uneconomic to produce due to high lifting, surface treatment
and disposal costs. Thermatek service can provide an effective solution
by reducing produced water costs resulting in improved field life
economics and environmental performance.
Formulated from a number of proprietary materials, Thermatek agent
is engineered to remain a low viscosity fluid during placement.
The material is pumped into the water producing zone where it sets
rapidly at a given formation temperature. The transition from fluid
to solid state is virtually instantaneous; however, the length of
time it remains fluid at the threshold temperature can be controlled
from as little as 2 minutes to over 45 minutes with the addition
of a proprietary accelerators and inhibitors. Once it sets, the
Thermatek material can achieve a compressive strength of up to 7,000
psi.
One of the major advantages of Thermatek technology is that the
material is totally soluble in hydrochloric acid. The non-invasive
nature of the compound helps keep it in the immediate wellbore area,
resulting in virtually 100 per cent regained permeability.
"Acquisition of this license and global support of Thermatek
is the result of Halliburton's continuing commitment to delivering
cost-effective solutions to our global customers," added Jim
Prestidge, Halliburton's vice president of Production Enhancement.
Halliburton Energy Services provides products, services, and integrated
solutions for oil and gas exploration, development, and production.
Capabilities range from initial evaluation of producing formations
to drilling, completion, stimulation, and well maintenance for a
single well or an entire field. With more than 300 service centers
in more than 100 countries, Halliburton possesses the global perspective
that is increasingly important for energy exploration and production.
Halliburton, founded in 1919, is one of the world's largest providers
of products and services to the petroleum and energy industries.
The company serves its customers with a broad range of products
and services through its Energy Services Group and Engineering and
Construction Group business segments.
For more information see www.halliburton.com.
Posted by Richard Price,
Editor Pipeline Magazine
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